38-room Greeley Inn sold for $1.4 million

The Greeley Inn, 721 13th St., sold in March for $1.4 million. (Weld County Assessor's Office/For The Tribune)

The Greeley Inn is under new ownership after selling for $1.4 million in March.

YJ Greeley Hospitality Inc. purchased the property at 721 13th St., on March 21 from Baldeobhai and Meena Patel, according to a commercial transaction report from the Land Title Guarantee Co. Voicemails to the Greeley Inn requesting more information about the sale were not immediately returned.

According to public documents from the Weld County Assessor’s Office and the Colorado Secretary of State, YJ Greeley Hospitality is registered to under Yoon Jung Lee at a Windsor address. Yoon Jung Lee, under the same address, is also registered as the agent for Yoon J, LLC, which operates America’s Best Value Inn-Greeley/Evans, 800 31st St., in Evans.

A message left with a clerk at America’s Best Value Inn inquiring about the sale was not returned.

The 15,532-square-feet Greeley Inn was built in 1964. It has 38 rooms. The Patels purchased the property for $100,000 in November 1997.